News Centre

Monetary Authority Of Singapore Calls On Local Banks To Moderate FY2020 Dividends

Date 29/07/2020

The Monetary Authority of Singapore (“MAS”) has called on locally-incorporated banks headquartered in Singapore (“Local Banks”) to cap their total dividends per share (“DPS”) for FY2020 at 60% of FY2019’s DPS, and offer shareholders the option of receiving the dividends to be paid for FY2020 in scrip in lieu of cash.

Dubai Financial Services Authority Holiday Notification

Date 29/07/2020

The DFSA offices will be closed for business on Thursday, 30th July and Sunday, 2nd August 2020 to mark Eid Al Adha. The DFSA offices will reopen on Monday, 3rd August 2020.

The Amman Stock Exchange Requested Listed Companies To File The Reports Of The First & Second Quarters For The Year 2020 Before The End Of Specified Period

Date 29/07/2020

Mr. Mazen Wathaifi the Chief Executive Officer of Amman Stock Exchange (ASE) said that the ASE is still receiving the reviewed quarterly reports of the first & second quarters for the periods ended March 31st, 2020 and June 30th, 2020, from companies listed on the ASE.

Only A Quarter Of CISI Members Show Interest In Returning To Office Post-Pandemic, Says Financial Services Survey

Date 29/07/2020

Only 25% of CISI members see themselves returning to their offices for the same number of working days as before the Covid-19 pandemic, according to the CISI.

CDC Announces Additional US$75 Million Trade Finance Deal With Absa As Part Of COVID-19 Response

Date 29/07/2020

• Forms a key pillar of CDC’s response to COVID-19
• Brings total trade finance commitments with Absa to US$ 250 million
• Financial backing to support supply chains in vital food & agriculture and healthcare sectors

EGX List Of Securities Allowed For Short Selling (July 2020)

Date 29/07/2020

As per EGX Chairman Decree No.757 for the year 2019 concerning criterion of securities eligible for short selling,

UK Financial Conduct Authority: New Guidance To Help Firms Do More For Vulnerable Consumers

Date 29/07/2020

The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers.

Gresham Announces Acquisition Of Inforalgo To Expand Regulatory Reporting Capabilities - The Cloud-Based Technology Will Allow Customers To Further Optimise Data And Trading Efficiencies

Date 29/07/2020

Gresham Technologies (Gresham), the leading fintech in reconciliations, banking integration and cash management solutions, has today announced the acquisition of Capital Markets data automation specialist, Inforalgo Information Technology Ltd (Inforalgo). 

ARQ Chooses Moneyhub’s Open Finance Data And Intelligence For Deeper Investment Insights

Date 29/07/2020

• ARQ monitors investments and benchmarks users’ performance all in a single app
• Moneyhub’s breadth of Open Banking and Open Finance connections allows ARQ to give users simple and transparent data on their wealth including property.

Japan Exchange Group Overview Of Earnings For Q1 FY2020

Date 29/07/2020

• Operating expenses increased due mainly to increases in system-related expenses. However, this was surpassed by growth in operating revenue associated with an increase in trading of cash equities. As a result, quarterly net income increased by 12.8% year on year.